SNSN schreef op 2 februari 2017 10:28:
For today: PP=2.61
Resistance: R1=2.666
Support: S1=2.50
The (strategic) lt-support is around ~2.555.
The price formation has nothing with fundamentals. The current sub-downtrend is just fake one. It's driven by pure tech trading/shorting by active/short-term small/mid-size prof shorters (not registered - read old posts).
Don't forget that there are NO speculative profitable shares under 2.555 at all. The only lt-investors owned shares before Oct 2014 could make profit selling under 2.555.
So, to dive under 2.555 some parties must take looses.
Do not take 'real' losses voluntarily. Do not support fake downtrend. Remember, any 'paper losses' at a fake trend are NOT losses at all, as are not driven by company fundamentals.
Take care